Two Twitter higher-ups are leaving the company after billionaire Elon Musk’s successful bid to buy the social media giant, according to a memo obtained by the New York Times.
“Interrupting my paternity leave to share some final @twitter-related news: I’m leaving the company after over 7 years,” wrote Twitter General Manager Kayvon Beykpour on Thursday. “The truth is that this isn’t how and when I imagined leaving Twitter, and this wasn’t my decision. Parag asked me to leave after letting me know that he wants to take the team in a different direction.”
In the memo, Twitter CEO Parag Agrawal said, “It’s critical to have the right leaders at the right time.”
Yes, maybe leaders who value freedom of speech, which Musk has stated he intends to bring to the platform.
General Manager for Revenue Bruce Falck is also leaving the company.
The investment firm Hindenburg Research says Twitter is at Musk’s mercy, noting that the billionaire could end up paying less than the $44 billion he offered last month to purchase the social media platform. “Musk holds all the cards here,” the firm said.